Capstone Copper to raise C$375m in bought deal

Americas-focused Capstone Copper on Thursday announced a C$375-million bought deal to raise cash for its near-term growth initiatives in Chile. Capstone and affiliates of Orion Mine Finance have entered into an agreement with a syndicate of underwriters, led by RBC Capital Markets, as lead bookrunner and including National Bank Financial and Scotiabank as joint bookrunners, a deal to sell 59.52-million common shares at AC$6.30 each.